Analytics, Baltic Export, Foreign trade , Lithuania

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Foreign trade deficit of Lithuania amounted to LTL 0.8 bln in November

Vilija Lapėnienė, Statistics Lithuania, 09.01.2012.Print version
Statistics Lithuania informs that, based on non-final data obtained from customs declarations and Intrastat reporting data, exports in November 2011 amounted to LTL 6.2 billion, imports – LTL 7 billion. Foreign trade deficit of Lithuania amounted to LTL 0.8 billion. Data on trade with the EU countries were revised after VAT returns data had been received.

In November 2011, compared to October, exports grew by 1.5%; it was influenced by an increase in exports of fertilisers – by 29.6%, electrical machinery and equipment and parts thereof – 17.5%. Imports increased by 0.3%; it was influenced by an increase in imports of boilers, machinery and mechanical appliances and parts thereof – by 16.2%. Exports of goods, mineral products excluded, grew by 1.6, imports – 0.5%. Exports of goods of Lithuanian origin decreased by 0.3%, mineral products excluded – 0.8%.

 

In November 2011, compared to November 2010, exports grew by 17.8%; it was influenced by an increase in exports of petroleum products – by 49.4%, boilers, machinery and mechanical appliances and parts thereof – 32.8%. Imports increased by 14.8%; it was influenced by an increase in imports of crude oil – by 19.3%, boilers, machinery and mechanical appliances and parts thereof – 10.9%. Exports of goods, mineral products excluded, grew by 9.8, imports – 12.1%. Exports of goods of Lithuanian origin increased by 17.9%, mineral products excluded – 7.3%.

 

In January–November 2011, compared to the same period in 2010, exports and imports increased by 30.9 and 30.5% respectively. An increase in exports was influenced by an increase in exports of petroleum products – by 42.9%, ground vehicles – 48%, and fertilisers – 67.1%. An increase in imports was influenced by an increase in imports of crude oil – by 34.3%, ground vehicles – 54%, and boilers, machinery and mechanical appliances and parts thereof – 32.6%. Exports of goods, mineral products excluded, grew by 27.2, imports – 26.5%. Exports of goods of Lithuanian origin increased by 26.8%, mineral products excluded – 21.5%.

 

In January–November 2011, the most important partners in exports were Russia (16.2%), Latvia (10.2%), Germany (9.2%), and Poland (7.1%), in imports – Russia (32.9%), Germany (9.8%), Poland (9.1%), and Latvia (6.6%).

 

In January–November 2011, the largest share in exports fell within mineral products (25.7%), machinery and mechanical appliances, electrical equipment (10.1%), products of the chemical or allied industries (9.2%), in imports – mineral products (35.2%), machinery and mechanical appliances, electrical equipment (12%), products of the chemical or allied industries (10.4%).


Table 1. Foreign trade balance, LTL million

 

Exports

Imports

Balance

January–November 2011

63629.5

71738.6

-8109.1

January

4958.5

5724.8

-766.3

February

5161.5

5779.0

-617.5

March

5664.5

6528.1

-863.6

I quarter

15784.5

18032.0

-2247.5

April

5201.5

6315.8

-1114.3

May

6123.5

6880.5

-757.0

June

6082.0

6682.8

-600.8

II quarter

17407.0

19879.2

-2472.2

July

5711.0

6352.8

-641.8

August

6036.4

6677.5

-641.1

September

6408.2

6850.4

-442.2

III quarter

18155.6

19880.8

-1725.2

October**

6096.2

6964.2

-868.0

November

6186.2

6982.5

-796.3

January–November 2010

48623.9

54967.3

-6343.4

I quarter

10519.1

12046.0

-1526.9

II quarter

13090.8

14609.8

-1519.0

III quarter

14405.3

16486.4

-2081.1

November

5249.7

6081.5

-831.8

IV quarter

16023.6

17810.6

-1787.0

2010

54038.8

60952.8

-6914.0

** Revised data.


Table 2. Structure of and changes in foreign trade by BEC

BEC

January–November 2011

exports

imports

change, compared to the same period in 2010,%

value, LTL million

share,%

value, LTL million

share,%

exports

imports

Total

63629.5

100.0

71738.6

100.0

30.9

30.5

Capital goods

5661.7

8.9

7776.3

10.8

19.4

36.5

Intermediate goods

33213.0

52.2

47015.3

65.5

35.6

33.2

Consumption goods

16282.9

25.6

14016.5

19.5

20.1

17.0

Motor spirit

5633.9

8.9

65.5

0.1

35.1

-43.9

Passenger motor cars

2570.3

4.0

2830.7

3.9

71.3

51.6

Other

267.7

0.4

34.3

0.0

-

-


Table 3. Structure of and changes in trade with key foreign partners

Exports

January–November 2011

Imports

January–November 2011

value, LTL million

share of goods of Lithuanian origin,%

share,%

change, compared to the same period in 2010,%

value, LTL million

share,%

change, compared to the same period in 2010,%

Total

63629.5

66.1

100.0

30.9

Total

71738.6

100.0

30.5

EU

39171.8

79.0

61.6

31.4

EU

39960.9

55.7

28.2

CIS1

17429.5

26.4

27.4

34.7

CIS1

26339.7

36.7

34.7

EFTA2

1472.2

92.9

2.3

2.7

EFTA2

567.0

0.8

58.0

Russia

10337.5

20.2

16.2

37.0

Russia

23631.9

32.9

32.1

Latvia

6500.9

55.4

10.2

42.9

Germany

7010.1

9.8

19.5

Germany

5881.4

86.8

9.2

19.6

Poland

6507.8

9.1

32.0

Poland  

4529.1

69.8

7.1

17.5

Latvia

4770.5

6.6

38.1

Estonia

4269.9

70.1

6.7

72.6

Netherlands

3527.0

4.9

47.5

Netherlands

3795.6

95.0

6.0

45.5

Sweden

2425.7

3.4

33.6

Belarus

3368.6

13.7

5.3

36.8

Italy

2257.5

3.1

23.4

France  

2656.8

92.1

4.2

76.5

Belgium

2241.8

3.1

23.9

United Kingdom

2650.7

92.6

4.2

9.9

Estonia

2021.7

2.8

30.2

Sweden

2263.1

91.6

3.6

27.0

France

1736.0

2.4

22.5

Ukraine

2019.4

80.6

3.2

14.6

Belarus

1728.8

2.4

85.4

Other countries

15356.5

81.1

24.1

-

Other countries

13879.8

19.5

-

1 Armenia, Azerbaijan, Belarus, Kazakhstan, Kyrgyzstan, Moldova, Russia, Tajikistan, Turkmenistan, Ukraine, Uzbekistan.
2 Iceland, Lichtenstein, Norway, Switzerland.


Table 4. Commodity structure of and changes in exports

CN sections

January–November 2011

value, LTL million

share of goods of Lithuanian origin,%

share,%

change, compared to the same period in 2010,%

 

Total

63629.5

66.1

100.0

30.9

27

Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes

16204.4

93.5

25.5

42.7

87

Vehicles other than railway or tramway rolling stock, and parts and accessories thereof

4617.9

10.9

7.3

48.0

84

Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof

3816.8

21.7

6.0

34.2

39

Plastics and articles thereof

3719.6

80.8

5.8

17.4

94

Furniture; bedding, mattresses, mattress supports, cushions and similar stuffed furnishings; lamps and lighting fittings, not elsewhere specified or included; illuminated signs, illuminated nameplates and the like; prefabricated buildings

3259.3

88.9

5.1

23.8

31

Fertilisers

3064.0

96.1

4.8

67.1

85

Electrical machinery and equipment and part thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles

2626.2

38.2

4.1

21.6

44

Wood and articles of wood; wood charcoal

2154.1

84.8

3.4

26.2

04

Dairy produce; birds’ eggs; natural honey; edible products of animal origin, not elsewhere specified or included

1531.5

96.6

2.4

17.4

 

Other

22635.7

54.9

35.6

-


Table 5. Commodity structure of and changes in exports of goods of Lithuanian origin

CN sections

January–November 2011

value, LTL million

share,%

change, compared to the same period in 2010,%

 

Total

42073.0

100.0

26.8

27

Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes

15149.1

36.0

37.4

39

Plastics and articles thereof

3006.5

7.1

20.3

31

Fertilisers

2944.9

7.0

70.1

94

Furniture; bedding, mattresses, mattress supports, cushions and similar stuffed furnishings; lamps and lighting fittings, not elsewhere specified or included; illuminated signs, illuminated nameplates and the like; prefabricated buildings

2898.4

6.9

20.8

44

Wood and articles of wood; wood charcoal

1826.7

4.3

26.1

04

Dairy produce; birds’ eggs; natural honey; edible products of animal origin, not elsewhere specified or included

1479.7

3.5

18.6

85

Electrical machinery and equipment and part thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles

1002.2

2.4

19.9

84

Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof

829.1

2.0

16.6

24

Tobacco and manufactured tobacco substitutes

781.1

1.9

44.9

 

Other

12155.3

28.9

-


Table 6. Commodity structure of and changes in imports

CN sections

January–November 2011

value, LTL million

share,%

change, compared to the same period in 2010,%

 

Total

71738.6

100.0

30.5

27

Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes

24284.4

33.9

38.3

87

Vehicles other than railway or tramway rolling stock, and parts and accessories thereof

5806.0

8.1

54.0

84

Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof

5029.2

7.0

32.6

85

Electrical machinery and equipment and part thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles

3612.1

5.0

17.7

39

Plastics and articles thereof

2494.1

3.5

20.4

29

Organic chemicals

2222.1

3.1

24.5

30

Pharmaceutical products

1979.1

2.8

16.0

72

Iron and steel

1464.4

2.0

46.5

48

Paper and paperboard; articles of paper pulp, of paper or of paperboard

1286.3

1.8

16.7

 

Other

23560.9

32.8

-


Table 7. Changes in imports and exports

Period

Exports

Exports of goods of Lithuanian origin

Imports

Balance

value, LTL million

change, compared to the previous month,%

value, LTL million

change, compared to the previous month,%

value, LTL million

change, compared to the previous month,%

LTL million

2010-11

5249.7

-2.0

3399.5

-3.6

6081.5

5.9

-831.8

2010-12

5414.9

3.1

3476.2

2.3

5985.5

-1.6

-570.6

2011-01

4958.5

-8.4

3578.7

2.9

5724.8

-4.4

-766.3

2011-02

5161.5

4.1

3431.7

-4.1

5779.0

0.9

-617.5

2011-03

5664.5

9.7

3441.2

0.3

6528.1

13.0

-863.6

2011-04

5201.5

-8.2

3109.6

-9.6

6315.8

-3.3

-1114.3

2011-05

6123.5

17.7

3980.5

28.0

6880.5

8.9

-757.0

2011-06

6082.0

-0.7

3998.7

0.5

6682.8

-2.9

-600.8

2011-07

5711.0

-6.1

3989.6

-0.2

6352.8

-4.9

-641.8

2011-08

6036.4

5.7

4138.4

3.7

6677.5

5.1

-641.1

2011-09

6408.2

6.2

4374.2

5.7

6850.4

2.6

-442.2

2011-10

6096.2

-4.9

4020.8

-8.1

6964.2

1.7

-868.0

2011-11

6186.2

1.5

4009.5

-0.3

6982.5

0.3

-796.3

 

Note. Due to rounding, the sum of lines or columns in some tables may disagree with the “Total”.







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